Increased investment in renewable energy is leading to the closure of coal-fired power stations and contributing to rising electricity prices, the Australian Energy Market Commission says. The Energy market Commission is a 100%biased organization.
Australia has almost a one-in-two chance of being downgraded next week, following the Federal Government's mid-year economic update, which could see borrowing costs rise. Morrison is on the verge of total failure.
If not next week, the downgrade will be in May next year when the Government's annual accounts are released, unless it can pull off some major reforms.
Rule changes see a decline in disability claims being successful. Disability claims are verified by Doctors, all Disability recipients under the age of 35 are required to have their cases recessed by Government appointed Doctors, under the new rules of what is a disability and what is not a disability, then undergo a job capacity assessment. Even the most disabled of disability recipients will be found to be competent of something. Even if it is in the desert picking out weeds. But no one is ever going to find that job for them. Morrison says a job is a job !
Even if you are being ripped by employers a job is a job.
No matter how good this Government is they can always find ways of kicking the lowest the hardest, They need the money for tax cuts for the well off.
Instead of doing something about jobs, they just keep blaming the public, No wonder we are on the verge of being downgraded. And that will cost Billions in extra interest.
Morrison is putting together a cheat sheet for the midterm budget statement. He will have to tell an awful lot of lies to divert being downgraded.

doog, the giving of priority to renewables is what has killed the
economics of the coal fired stations. They need a steady load for
most of the day. They just cannot be wound up and down to suit the wind.
Don't mention gas, it is in short supply for political reasons.
The whole problem is because wind and solar cannot do the job and
thats all there is to it.

The copper in the ground is from what I have seen in the case of
50 year old cable actually in as new condition. Good teflon cable.

Anyway it looks like a new technology will take over.
It is called fibre to the curb. Each box will service three or four houses.
Being trialled now. It looks like it will save really big bikies.

I don't know where some people get the idea that Turnbull is driven by the "far right". Turnbull is the most Left wing leader of the Coalition ever, and he does not listen to anyone, full stop. All of the batty ideas are his alone. Anyway, just who are all these "far right" Coalition backbenchers? I cannot think of one except, perhaps, Cory Bernadi, who many think of as very Right; I think he is just caught up in old fashioned Catholicism, and will never ever be a political force. Cory has had plenty of opportunity to to give us something different, but he doesn't appear to have the bottle to do anything. All mouth and trousers, really, with the personality of a dead fish. I certainly would not vote for him.

Another thing showing how out of whack the claim that Turnbull is a hostage to the Right is his completely loony Left decision, along with Hunt the Runt, to kiss arse in Paris at the ridiculous climate circus, and to throw away more of our money on the total fantasy that ripping off pensioners and ruining the Australian economy even more will change the climate.

There probably will be coal fired power always available because of their constant supply 24 hours a day, albeit a massive waste of electricity and energy. The boilers we have are old and inefficient; Water tube boilers are far more regulatory and cost effective.
The same argument was in motion with changing from steam power to Diesel power, Steam power was seen as the all mighty and could not be replicated.
There is a host of ways of making Electricity. Coal is big business, but it has run its course.
Probably the biggest single pollutant this world has ever seen, and if we fail to get rid of that it will destroy our whole way of life. The world is now in decline through pollutants that destroy our atmosphere, we need to keep pushing forward and tidy up our environment, so future generations can have a life.
Turnbull is a wimp and plays the tune of a few colleagues that somehow are controlling him. What for no one knows, it certainly will not save him or his party. The far right see pollution as money, the left see pollution as a game changer that has to be combated or we die.
Abbott’s effort of the Green army, was nothing more than a token gesture of some type of compliance that was never designed to work. It’s about time him and his band made their own political mob, instead of playing infiltrators into a once great political party

Coal power is not wound up or down, That is regulated by a bank of turbine engines that resemble jet engines. Around a bank of 50, turbines are constantly being regulated 24 hours a day. Wind and solar will do the job, any concern about that is coming from the coal power lobby. They best invest in renewable and let go of their concerns of going out of business.

This paragraph was to precede my last post.